Retirement plan

WILKINSON-COOPER PRODUCE, INC. EMPLOYEE PROFIT SHARING PLAN W/401(K)

Name: WILKINSON-COOPER PRODUCE, INC. - WILKINSON-COOPER PRODUCE, INC. EMPLOYEE PROFIT SHARING PLAN W/401(K) (2024) Form 5500
Creator: WILKINSON-COOPER PRODUCE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WILKINSON-COOPER PRODUCE, INC. EMPLOYEE PROFIT SHARING PLAN W/401(K), WILKINSON-COOPER PRODUCE, INC.

WILKINSON-COOPER PRODUCE, INC.EIN 59-1103654Plan #001PY 2024

P.O BOX 880, 701 NORTHWEST 12TH STR - BELL GLADE, FL 33430561-996-9595wilkinson-cooper.comLinkedIn11-50 employees

Prospect flagsHigh feesLow employer contribution

How to read this page

Total assets (EOY)

$2.3M

+20.3% from 2023

Total participants

+40.0% from 2023

Average account balance

$68,563

-11.5% from 2023

Annual return

21.09%

+1.37 pp from 2023

Benchmarks

See 2,336 peers

Peer group

Industry11 - Agriculture, Forestry, Fishing and Hunting

Plan typeDefined contribution

Participants25-99

Cohort2,336 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$2.33M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$69K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

106.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$43K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+21.09%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$1698

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2J2R3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

2 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$58K

$1804 / participant

Other / not subdivided$58K100.0%

% of EOY assets

2.476%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$68,563

$68,880-0.5%

$120,580-43.1%

$80,959-15.3%

Participation rate

96.9%

61.7%+35.2pp

72.0%+24.9pp

67.7%+29.2pp

Annual return

21.09%

23.68%-2.6pp

107.48%-86.4pp

35.67%-14.6pp

Employer contribution / active EE

$113

$2,066-94.6%

$3,469-96.8%

$2,757-95.9%

Participant deferral / active EE

$1,233

$3,191-61.3%

$4,995-75.3%

$4,300-71.3%

Admin fee / account holder

$1,698

$5,785-70.7%

$9,418-82.0%

$6,925-75.5%

WILKINSON-COOPER PRODUCE, INC. EMPLOYEE PROFIT SHARING PLAN W/401(K)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WILKINSON-COOPER PRODUCE, INC. EMPLOYEE PROFIT SHARING PLAN W/401(K)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion